Polen Capital Management LLC acquired a new position in shares of Resolute Holdings Management, Inc. (NYSE:RHLD – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 20,915 shares of the company’s stock, valued at approximately $4,317,000. Polen Capital Management LLC owned 0.25% of Resolute Holdings Management at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in RHLD. Farther Finance Advisors LLC acquired a new stake in shares of Resolute Holdings Management during the 4th quarter worth approximately $27,000. GAMMA Investing LLC acquired a new stake in shares of Resolute Holdings Management during the 4th quarter worth approximately $35,000. Wolverine Asset Management LLC acquired a new stake in shares of Resolute Holdings Management during the 4th quarter worth approximately $127,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Resolute Holdings Management by 2,885.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 806 shares of the company’s stock worth $166,000 after purchasing an additional 779 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Resolute Holdings Management during the 3rd quarter worth approximately $173,000.
Insider Activity at Resolute Holdings Management
In related news, Director Jane J. Thompson sold 1,850 shares of Resolute Holdings Management stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $124.42, for a total value of $230,177.00. Following the sale, the director owned 6,273 shares of the company’s stock, valued at approximately $780,486.66. This trade represents a 22.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John D. Cote purchased 552 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was bought at an average cost of $142.29 per share, for a total transaction of $78,544.08. Following the purchase, the director directly owned 552 shares in the company, valued at $78,544.08. This trade represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 2,423 shares of company stock worth $297,999 over the last 90 days. 52.80% of the stock is owned by insiders.
Resolute Holdings Management Price Performance
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Weiss Ratings cut shares of Resolute Holdings Management from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, April 24th. Wall Street Zen cut shares of Resolute Holdings Management from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.
View Our Latest Stock Report on Resolute Holdings Management
Resolute Holdings Management Profile
Resolute Holdings Management, Inc operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.
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